Tag: u.s. infrastructure bill

Nov 18 2021

Bitcoin Hits Monthly Low As Global Crypto Market Capitalization Dips 5%

Bitcoin has seen another 4% dip within the last 24 hours, taking down the global crypto market capitalization with it. Being the world's largest cryptocurrency, it's not exactly surprising how its downward movement has also brought about the global crypto market cap falling 5%. On November 10, Bitcoin attained an all-time-high price of $69,044, and The post Bitcoin Hits Monthly Low As Global...

Nov 06 2021

House of Reps Passes $1 Trillion Bill, Awaits Biden’s Approval

The U.S House of Reps has now passed a $1.2 trillion infrastructure bill, which would make sure that new provisions with regards to crypto tax reporting for all U.S citizens are met, if approved by President Joe Biden. U.S House of Reps Sends $1 Trillion Bill to President Joe Biden For Arrival At first, the The post House of Reps Passes $1 Trillion...

Aug 10 2021

Draconian For Crypto – U.S. Infrastructure Bill Passes Senate

In a major negative news for crypto-enthusiasts and developers in the United States, the U.S. Senate has passed the draconian-for-crypto $1 trillion Infrastructure Bill on Aug 10, 2021. It will now be presented in the U.S. House of...

Aug 09 2021

Last Minute Frenzy: All Latest Updates on Crypto Taxes in Infrastructure Bill

Aug 09 2021 Published at Coingape under tags  btcbrl btcbusd btc.d btcdai btceur

The controversial crypto taxes introduced with the $1 trillion infrastructure bill have resulted in a last-minute frenzy keeping the entire crypto community on the edge of their seats. As per the latest tweets from pro-crypto Senator Cynthia Lummis, the final voting on the amendments will happen at 9 AM, August 9. The Senator noted that The post Last Minute Frenzy: All Latest Updates...

Aug 04 2021

Why Bitcoin Miners And Blockchain Companies Might Have to Flee U.S?

The massive $1 trillion U.S. infrastructure bill put severe roadblocks for crypto companies operating in America. The bill involves a crypto provision with additional taxes for payments done in cryptocurrencies. The lawmakers in the U.S. Senate are looking for an additional $28 billion in revenue with crypto transactions. However, the laws are unclear as of The post Why Bitcoin Miners And Blockchain Companies...

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